Here's just how wealthy the top 1% in Britain are

What exactly does it take to be in the 1% in Britain? A lot, it
turns out.

The chart from the Office for National Statistics below shows
that to be in the 1% in the UK you have to have personal wealth
of at least £2.8 million. Wealth is calculated by the sum of
financial assets, like shares and bank deposits, and nonfinancial
assets, like property and cars, minus financial
liabilities.ONS

The £2.8 million figure for the 1% is over 12 times the median
household wealth of £225,100. It's also more than double the
cut-off point of £1 million that you need to reach to be in
the top 10%.

An interesting detail about the ONS chart is that the biggest
jump in wealth is between the 99th percentile of wealthy and the
100th percentile. The top 1% are not just wealthy — they're also
much wealthier than the next richest people in the country.